Our client is seeking a Head of Compliance and MLRO to oversee the firm's compliance with regulatory and statutory reporting requirements, including acting as the Money Laundering Reporting Officer. Reporting directly to the Partners, the successful candidate will be responsible for managing the Compliance team, ensuring adherence to operational and compliance procedures, and implementing comprehensive policies and procedures. This role requires in-depth knowledge of FSA guidelines, anti-money laundering regulations, and strong interpersonal and communication skills.
Key Tasks:
- Ensure day-to-day operations align with operational and compliance procedures.
- Supervise, monitor, and develop compliance team members.
- Conduct internal compliance investigations and audits, and provide reports to the Partners.
- Develop and deliver compliance training throughout the organization.
- Provide advice and resources to management for compliance issues and process monitoring and improvement.
- Produce relevant returns and notifications to regulators and correspond with regulators as required.
- Participate in specialist projects to support business requirements.
- Operate within the ISO 9001 Quality Management System on a daily basis.
Key Responsibilities as MLRO:
- Review internal disclosures and make external disclosures to the FIU if appropriate.
- Maintain all related records and provide guidance on avoiding tipping off.
- Support the Board and senior management in managing money laundering and terrorist financing risks.
- Liaise with regulatory authorities and provide reports to senior management as required.
Key Skills:
- Experience in a similar role or compliance environment.
- Relevant compliance qualifications or studying towards them.
- Detailed knowledge of FSA Guidelines, Rule Book, and Anti-Money Laundering Guidelines.
- Strong relationship management, communication, and negotiation skills.
- Ability to develop and implement policies, conduct presentations, and PC literate.
Key Attributes:
- Professional, positive, and self-motivated